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« Is $2,500 per Stop on an Author Tour Worth It?
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Digital Now 8% of UK Book Sales, Says PA
May 1, 2012
By Hannah Johnson
Consumer e-book sales increased 366% in 2011 over the previous year. However, total book sales in 2011, digital and print, dropped by 2% to £3.2 billion. The average book price also dropped by 1.3%.
In the academic and professional segments, digital products account for 13% of total book revenues. Book sales to schools grew by 6.1% to £271 million.
The report also notes that exports generated 41% of UK publishers’ revenue. Exports are particularly strong in East and South Asia, Central and South America — Brazil in particular.
“Across fiction, non-fiction, children’s and academic books, the story of the year is a decline in physical sales almost being compensated for by a strong performance in digital,” said PA Chief Executive Richard Mollet, in a prepared statement.
“That said,” Mollet continues, “physical books remain the format of choice for the vast majority of British readers, underlining the continued importance of a strong ‘high street’ sector.”
The PA collects data for the Yearbook from 2,240 publishers representing 100% of UK publisher sales, and 70% of total UK book sales